tiprankstipranks
Golar LNG Announces Strong Q1 2024 Results
Company Announcements

Golar LNG Announces Strong Q1 2024 Results

Golar LNG (GLNG) has released an update.

Golar LNG Limited reported a net income of $55 million and an Adjusted EBITDA of $64 million for Q1 2024, with their FLNG Hilli unit maintaining 100% uptime and FLNG Gimi ready for operations. The company is in detailed negotiations for a 20-year FLNG deployment, and the Board approved a dividend of $0.25 per share. Additionally, they’ve repurchased 0.7 million shares and are advancing towards a facility with improved financial terms.

For further insights into GLNG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyGolar LNG price target raised to $44.50 from $35.50 at B. Riley
TheFlyGolar LNG up 6% to $33.53 after Stifel calls contract ‘big win’ for shares
TheFlyGolar LNG Pan American contract ‘big win’ for shares, says Stifel
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!